Shield Mining

Shield Mining allows users (and projects) to provide X tokens to Project X Coverage Pool in order to increase the pool’s APY and therefore attract more coverage liquidity. Coverage providers will therefore receive rewards in BMI, USDT, and the project X token.

Shield Mining will facilitate the growth of BMI’s TVL and unlock new marketing opportunities.

The value proposition for users:

  • Developers and community members can promote their project coverage pool by depositing project X tokens and attracting liquidity with an increased APY.

  • Exposure to multi-token rewards.

Shield Mining allows users (and projects) to provide X tokens to Project X Coverage Pool in order to increase the pool’s APY and therefore attract more coverage liquidity. Coverage providers will therefore receive rewards in BMI, USDT, and the project X token. Shield Mining will facilitate the growth of BMI’s TVL and unlock new marketing opportunities. The value proposition for users: Developers and community members can promote their project coverage pool by depositing project X tokens and attracting liquidity with an increased APY. Exposure to multi-token rewards.

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